An exciting new study from the team of Lucintel found that gelcoat market is expected to reach $1.2billion by 2025 with a CAGR of 1.5%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The gelcoat market is segmented based on end use industry, rein chemistry, and region. In this market, polyester is the largest segment by usage type, whereas construction is largest by end use industry. Players can benefit from the available opportunities likegrowth of end use industries.
The shift towards low styrene emission gelcoat and the development of gelcoat having compatibility with different resin system are emerging trends having impact on dynamics of the industry.
Ashland Inc., Scott Bader, Allnex, Bufa Composite Systems GmbH & Co. KG, Polynt-Reichhold Group, and HK Research Corporationare some of the major players profiled in this 152 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the gelcoatmarket by end use industry (wind, marine, construction, transportation, tank, and others), resin chemistry (polyester, vinylester, epoxy and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the gelcoatmarket?
Q.4What are some changing demands of customers in the gelcoatmarket?
Q.5What are the new developments in the gelcoatmarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this gelcoatarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this gelcoatmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.